Workers comp refers to workers compensation, a part of business finances when a worker claims they were injured during work and would like to be reimbursed for medical treatment and procedures, as well as lost time of work.

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Record Keeping for Workers Compensation Audits

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As a business owner, you know that you may experience regular auditing – some audits you will initiate internally, to monitor your business progress. Others may be initiated by outside entities. The key to getting through an audit with the…

Preparing for a Workers Comp Audit

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What exactly is an audit? The dictionary says it is a thorough examination or check – an in-depth examination of every part of a process. That applies whether you’re talking about accounting audits or workers compensation audits. You usually…

Workers Compensation Audits - How to Face Them

The word audit is not something anyone wants to hear. For most people it conjures up images of frenzied hunting for pieces of paper you know you were meant to keep track of and a general increase in stress levels. A workers compensation audit…

Workers Compensation Audits

It’s a requirement of every New York business that they undertake regular workers compensations audits. These are audits of payroll records for the purpose of determining how much you should be paying for your workers’ compensation insurance.…

Workers Compensation Audits: An Introduction

In New York it is mandatory that all employers of at least one person have workers’ compensation insurance in place. It is also a requirement of the New York Compensation Insurance Rating Board that workers compensation audits be carried out.…

Health and Safety Regulations and Workers Compensation

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Have you found the various rules and regulations concerning health and safety in your workplace confusing? You’re not alone, many new business owners feel overwhelmed by the requirements and the number of things they need to know about keeping…

The Importance of Workers Compensation Audits

If you are a business owner, you know all about workers compensation…hopefully! If not, then it is time to pay attention. Both workers compensation and workers compensation audits are important for your business for a number of reasons. Here…

Have You Looked into Workers Compensation Audits?

Owning a business is costly. Though you have a great profit coming in, there are so many factors that add to the costs that go out. Whether you spend a lot on advertising or workers comp, there are always ways to lower those costs. Let’s start…